Vietnamese rice exporters have a great opportunity to dominate the market share in the Southeast Asian market in particular and the world in general. However, Vietnamese rice grain is still presently struggling to find its position in rice export.
Six State-owned enterprises and corporations, including Vietnam Airlines Corporation, Airports Corporation of Vietnam, Vietnam Railways Corporation, Vietnam Coffee Corporation, and Vietnam Southern Food Corporation, failed to meet the annual revenue and profit targets. Vietnam Electricity could not achieve the revenue target despite having obtained the profit plan.
The Vietnam Southern Food Corporation (Vinafood 2) signed a memorandum of understanding (MoU) with the Philippines’ AgriNurture, Inc. (ANI) to export two million tonnes of rice to the Philippines annually from 2019.